The top floor, with access to the garage will generate $2,600/m + utilities and the suite will generate $1,600 + utilities.$4,200 total income-$500/ property tax-$200/m insurance-$150/m maintenance-$100/m city utilities (water/sewer)-$210/m 5% vacancy (even 5% is overkill)-$2,500/m mortgage ($700k @ 2%)=$540/m cashflow - Even if you wanted to have a property manager at 10% the property would still be cashflow positive.This property only generates 0.47% of the purchase price per month (nowhere near the 1% rule) but still cashflows. 

Their site is buggy and their app is junk but their customer service is a billion times better.

I raised rates and generated more income which naturally was great!

Either way it’s nice generating income from your home.

When I do my books at the end of every month I go through my bank statements one line at a time and as I enter each transaction my computer automatically generates an X-NUMBER.

Hello Eugene,We use NREIG (https://nreig.com/) for insuring investment properties in LLCs, their coverage is tailored to the needs of investors and their customer service has been good in my experience

You can still generate wealth without a license.

I improved the management of the Subway which generated more cash flow and did minor improvement to the property (asphalt refinished, painting the exterior of the building, new lighting).

Completely new to real estate investing but I have been slowly working to generate the capital for my first investment for years.This duplex was purchased with FHA, I'm living in Unit A and rehabbing Unit B.

Tile over that when the membrane dries using a good modified mortar -- looking at Home Depot's line of Custom mortars, I would stay away from something like VersaBond here and go with the more expensive FlexBond for this application.